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Tulip Oil announces start-up and commissioning of the Q10 offshore gas development

Gasoil News - Published on Wed, 20 Feb 2019

Image Source: Jenz Offshore
Tulip Oil Netherlands Offshore BV, a wholly owned subsidiary of Tulip Oil Holding BV, announced the startup and commissioning of the Q10 offshore gas development in the Dutch North Sea. Initial gas production from the well QA-01 started on February 15, 2019, to be processed at TAQA P15 platform before being sold to Market. Just 12 months after taking FID on one of the most exciting projects in the Dutch sector, Tulip Oil has started up the Q10 gas field – making it one of the fastest developments from FID to first gas of its kind.

Mr Imad Mohsen, Chief Executive Officer stated “The performance of Tulip and its contractors has been exemplary and the successful startup comes as a result of an exceptional team, innovative ways to approach challenges and great partnerships. Following one of the largest gas finds in the last decade in the Dutch North Sea, Tulip has demonstrated it can also successfully execute the largest natural gas project in Holland in 2018, with a perfect safety record, excellent quality while using best in class contractors that have delivered at unheard of cost and schedule. Throughout the process we benefitted from the support of our equity and bond investors as well as the full technical and financial backing of our JV partner, State-owned Energie Beheer Nederland B.V. (EBN). We were aiming to be the benchmark to beat for finding and developing hydrocarbons in the future.”

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Posted By : Rabi Wangkhem on Wed, 20 Feb 2019
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